Piercing Line Candlestick Patterns Oct 14 2015

The piercing line pattern is a two-bar candlestick pattern.The first day is a down day and on the second day the price gaps down to the lowest low that the stock price traded the day before. The price then rises throughout the second day and closes above the midpoint of the first day. This suggests that after a long downtrend, buyers have decided to come into the stock.

Globalstar (GSAT)

Stock Price Quote as of Wed, Oct 14th, 2015
High 1.91 Low 1.75
3.58 52Wk High
(-48.60%)Since 03/23/15
1.45 52Wk Low
(+26.90%)Since 09/30/15
Open 1.75 Prev Close 1.76
Volume 1,468,284 Avg Volume 2,217,449
EPS -0.06 Div & Yield N/A
P/E Ratio 0.00 Market Cap $1.60 B
Weighted Alpha -28.87 Standard Dev +0.88

Agenus Inc (AGEN)

Stock Price Quote as of Wed, Oct 14th, 2015
High 4.78 Low 4.49
10.16 52Wk High
(-54.33%)Since 06/16/15
2.66 52Wk Low
(+74.44%)Since 10/15/14
Open 4.49 Prev Close 4.55
Volume 1,102,319 Avg Volume 1,477,356
EPS -0.96 Div & Yield N/A
P/E Ratio 0.00 Market Cap $382.85 M
Weighted Alpha +3.62 Standard Dev +0.40

Veeco Instruments Inc (VECO)

Stock Price Quote as of Wed, Oct 14th, 2015
High 20.65 Low 19.91
38.40 52Wk High
(-46.98%)Since 12/05/14
19.72 52Wk Low
(+3.25%)Since 10/01/15
Open 19.96 Prev Close 20.03
Volume 388,585 Avg Volume 377,429
EPS -0.14 Div & Yield N/A
P/E Ratio 0.00 Market Cap $822.14 M
Weighted Alpha -42.55 Standard Dev +0.98

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